This year marks the 50th anniversary of the establishment of diplomatic relations between China and the European Union. From an initial trade volume of 2.4 billion($) to the current 780 billion($), China-EU bilateral trade has been continuously developing in a positive direction. According to customs statistics, in the first quarter of this year, China's import and export with the EU amounted to 1.3 trillion (RMB), a year-on-year increase of 1.4%, which means that there is more than 10 million (RMB) worth of trade exchanges every minute.